Question: Please help me answer this finance question and show work, i will rate! thanks! Suppose a ten-year, $1,000 bond with an 8.8% coupon rate and

Please help me answer this finance question and show work, i will rate! thanks!

Suppose a ten-year, $1,000 bond with an 8.8% coupon rate and semiannual coupons is trading for S 1,034.24. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b. If the bond's yield to maturity changes to 9.7% APR, what will be the bond's price? a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? The bond's yield to maturity is[]%. (Round to two decimal places.) b. If the bond's yield to maturity changes to 9.7% APR, what will be the bond's price? The new price for the bond is sRound to the nearest cent)

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